Post Utme Ui 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Ui Accounting examination.

Post Utme Ui 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UI • 2025 • ACCOUNTING • objective

A company has the following balance sheet as at December 31, 2022: Assets ₦5,000,000, Liabilities ₦2,000,000, and Equity ₦3,000,000. Calculate the return on equity.

Answer Options

A. 50%
Correct Answer B. 60%
C. 70%
D. 80%
Correct Answer
B
Correct Option:
60%

About This Question

This is Post Utme Ui 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Ui Accounting examination.

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